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Party is buying out Empire

  
 
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ChezJ
Old 11-03-2005, 12:40 PM     Post subject: Party is buying out Empire #1 (permalink)  
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 3 November 2005

PartyGaming Plc (“PartyGaming”)

Response to press speculation in relation to Empire Online Limited ("Empire")

The board of PartyGaming confirms that it has made a preliminary, non-binding approach to Empire.

There can be no certainty that any agreement will be reached or that any offer will be forthcoming or as to the terms of any such offer. Any offer proposal would depend upon, in particular, PartyGaming being satisfied as to a number of material pre-conditions, including due diligence and the prospects for Empire’s business.

The terms of any offer will be determined by the outcome of the due diligence process, which is ongoing.

A further announcement will be made when appropriate.

Contacts:

PartyGaming Plc
+44 (0)20 7337 0100
Peter Reynolds, Director of Investor Relations
John Shepherd, Director of Corporate Communications

Financial Dynamics
+44 (0)20 7831 3113
Edward Bridges / Juliet Clarke

END
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WhooFleuryScores
Old 11-06-2005, 05:46 AM #2 (permalink)  
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Maybe the reload bonuses can improve then lol.
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